Foreign Archives — Page 5 of 6

January 28, 2020 No Responses

NYK, Toyota, Others Seal Partnership On First Dedicated RoRo Terminal In Egypt

Japanese shipping company, Nippon Yusen Kabushiki Kaisha (NYK) will participate in a consortium that would set up and operate a dedicated automotive terminal at East Port in Egypt.On December 19, 2019, NYK and its partners Bolloré Africa Logistics and Toyota....

January 10, 2020 No Responses

Opinion: Extreme Events Are Reversing Development Goals

By Patricia Scotland, Commonwealth Secretary-General Cyclones in the Caribbean and Pacific, devastating bushfires in Australia, recurrent floods and droughts in Asia and Africa, increasingly bring tragic loss of life to our nations and communities, inflicting ...

December 6, 2019 No Responses

IPO: Saudi Aramco Raises $25.6b

State-owned oil giant Saudi Aramco has raised a record $25.6bn (£19.4bn) in its initial public offering (IPO) in Riyadh. The share sale was the biggest ever, surpassing that of China’s Alibaba which raised $25bn in 2014 in New York. Aramco...

November 4, 2019 No Responses

Continental Tyre Boss Emerges 2019 Africa MD

Managing Director of Continental Tyre South Africa and Sub-Saharan Africa, Shaun Uys has been selected as 2019 Africa MD by Global 100.Global 100 is an annual publication with a readership of over 293 000 industry leaders in 163 countri...

October 22, 2019 No Responses

South African Airways Recalls Some Aircraft, Amends Flight Schedule

South Africa’s cash-strapped national airline (SAA) said on Tuesday it may operate an amended flight schedule following a decision to recall some of its planes to undertake compliance checks in line with regulatory requirements.According to SAA, some of the ...

October 18, 2019 No Responses

British Ports Welcome Brexit Deal

The British Ports Association (BPA) has reservedly welcomed the news that a Brexit deal was agreed on Thursday between the United Kingdom and the European Union. Under the new deal, Northern Ireland will remain part of the UK’s customs territory...

October 17, 2019 No Responses

Toyota Unveils Electric Mini Car

Toyota on Thursday unveiled a special mini car. The development is coming after its success with hybrid technology.Indeed, the logical assumption was that Toyota would jump in with both feet into development of battery-electric cars.At first it seemed th...

October 15, 2019 No Responses

Navy Rescues 329 Spain-Bound Migrants

The Moroccan navy said it rescued 329 Spain-bound migrants in the Mediterranean from October 10 to October 13, 2019.Official news agency MAP quoted a military source as saying that the migrants, mostly sub-Saharan nationals, were trying to cross the Strait...

October 14, 2019 No Responses

South Korea Donates Buses To Nigerian Customs

The Embassy of South Korea in Nigeria has donated two Hyundai buses to the Nigerian Customs Service (NCS), to boost its operations.The News Agency of Nigeria (NAN) reports that Mr Lee In Tae, Ambassador of South Korea to Nigeria, handed...

October 11, 2019 No Responses

Commonwealth Trade Ministers Seek Reform Of WTO

Trade ministers from across the Commonwealth on Thursday made a commitment to resist all forms of protectionism, and to work urgently together towards reforming the World Trade Organisation, which sets the global rules for international trade.Following a meeti...

October 10, 2019 No Responses

Large LNG Sector To Sustain Growth Into 2020

Positive developments in the large LNG sector are expected to continue throughout the rest of 2019 and into 2020, according to a report from VesselsValue.The sector is being driven by increasing demand as more countries prioritize LNG as an energy...

October 9, 2019 No Responses

Automotive Expert Seek Review Of Renault-Nissan Alliance

Automotive Editor at GlobalData, David Leggett, on Wednesday called for a review of the Nissan-Renault alliance.Reacting to the appointment of new CEO for the group, Legget said: “Rumours are swirling in France that Renault is to consider the question of...

October 9, 2019 No Responses

Report: Shipping Confidence Drops As Trade Wars Intensify

Confidence in the shipping industry fell in the past three months to its lowest level for two and half years, according to shipping adviser and accountant BDO.Yet owners, charterers and managers were more confident than they were at the time...